State Bank Signs Seven Year Core Processing Deal With TriNovus

Birmingham, AL - 4 August 2011

TriNovus, LLC, a company focused on delivering technology solutions to the financial marketplace, announced today that State Bank (www.statebank-spencer.com ) of Spencer, Iowa has signed a seven year agreement to outsource all of their core processing needs to the TriNovus eBank data center.

State Bank, founded in 1944, is a community bank with 63 million in assets and locations that serve the Spencer, Everly and Peterson areas of Iowa. State Bank is committed to providing personal service and local decision-making along with offering customers the latest products, services, and access channels that technology allows.

Though selecting a core processing provider is one of the biggest decisions a bank can make, Ryan Johnson, president State Bank feels confident that TriNovus is the right choice.

“The management at TriNovus has an excellent understanding of where our bank is today and where we want to be in the future,” said Johnson. “The TriNovus team is committed to providing us the technology we need along with valuable industry expertise to ensure that we meet today’s goals and that State Bank continues to build on our current success.”

David Brasfield, CEO of TriNovus thinks that State Bank’s commitment to TriNovus is indicative of community banks wanting to work with a true technology partner.

“Banking today is complicated. Selecting all of the right technology components to remain competitive while focusing on meeting ever-changing compliance regulations can be challenging,” said Brasfield. “Not only will TriNovus provide State Bank with the technology needed to stay competitive in their market space, as well as a comprehensive compliance solution, but we will also work with them as a true partner, helping them to navigate future technology decisions that serve the best interests of the bank and its customer base,” he said.

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